Summary - 4, MARKET STREET CA3 8QJ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Ground floor retail unit with a historic Victorian brick facade
- Currently let as a convenience store until 2031
- Gross Initial Yield of 8.00%, generating £8,000 p.a. in rental income
- 999-year leasehold with very low ground rent
- Strategic location in Carlisle's busy market area, offering high foot traffic
- Nearby amenities and shopping options including The Market Hall Shopping Centre and TK Maxx
- Potential for rent review linked to RPI on the 3rd anniversary of the lease
**Property Summary:**
This exceptional retail investment property, located in the heart of Carlisle, combines historic charm with modern income potential. Boasting a prominent street presence with large windows, the ground-floor unit spans 838 square feet and is currently operating as a convenience store, making it an attractive option for investors seeking solid returns in a bustling commercial district. The property is leased until 2031, providing both immediate rental income and security, while a structured rent review tied to RPI after three years presents an opportunity for future financial growth.
Carlisle itself is a vibrant city, known for its cosmopolitan character and proximity to key amenities, including major shopping outlets and eateries. Although the area has a high crime rate and some noted deprivation, it remains a hub for student populations and urban dwellers alike. This property represents a strategic investment in a desirable location, offering substantial future flexibility for potential renovations or different commercial applications. Don’t miss your chance to secure this investment in an ever-evolving market—properties like this are seldom available for long!
High street retail property for sale in 1-3 Market Street, Carlisle, Cumbria, CA3 — £160,000 • 1 bed • 1 bath • 1684 ft²
Office for sale in 2-2A Market Street, Carlisle, Cumbria, CA3 — £190,000 • 1 bed • 1 bath • 5543 ft²
Commercial property for sale in Fisher Street, Carlisle, Cumbria, CA3 — £1,500,000 • 1 bed • 1 bath • 14059 ft²
Commercial property for sale in 1 Fisher Street, Carlisle, Cumbria, CA3 8RR, CA3 — £195,000 • 1 bed • 1 bath • 2331 ft²
High street retail property for sale in 2 Alexander Street, Carlisle, Cumbria CA1 2LH, CA1 — £295,000 • 5 bed • 1 bath • 3153 ft²
Commercial development for sale in AMANTE BAR, 9 Lowther Street, Carlisle, Cumbria, CA3 8ES, CA3 — £695,000 • 1 bed • 1 bath
